BTC for sellers

What do you think?

  • Regular withdraws!

    Votes: 6 30.0%

  • See what happens...

    Votes: 8 40.0%

  • What is BTC?

    Votes: 6 30.0%
  • Total voters
    20
Boosts

Boosts

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BTC has been up and down all day today, seemingly more than usual. I'm suspecting there could be a huge drop from massively rich dumpers or just everyone's deciding they need some money for the summer.

I'm affected as a seller by this as I accept BTC as payment, do any other like-minded sellers have ways of dealing with this? Do you withdraw more regularly or just see what happens? Let me know!
 
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Boosts said:
BTC has been up and down all day today, seemingly more than usual. I'm suspecting there could be a huge drop from massively rich dumpers or just everyone's deciding they need some money for the summer.
Click to expand...
Let me tell you why this huge drop happened, the Bull Run has already started and it's already happening. Millionaires are about to invest all of their money into Crypto now.
What they did is this was done somehow on purpose so that they can buy as much Crypto as they can these days, before everything is about to rocket on about at least 500% - this is just my own prediction and not an investment advice.

If you use Bitcoin as a seller, as i do, i would run a promotion and give people up to 80% OFF if they pay me in Crypto (at the moment), even though you get 20% only, this is about to grow way lot than what you would be getting in cash currently. The moment you start feeling happy about what you have gotten so far, just cash out everything and think of investing in something not as risky as this is, but basically, this is the long story short of what is now about to start happening.

Rich people will probably triple their money in just a few months, while the poor will still end up loosing way more than they can afford. True story.

EDIT:
Forgot to add that when you are a seller, it's high likely you will spend at least 75% of your revenue on stuff you love, leisure, etc. but if you get it in crypto, it's just a chance for a successful investment with money that you were about to spend like you would normally do.
 
Be careful about this price increase.

I've been reading about a scheme all day. Looks like some people pumped Bitcoin artificially and are now selling it all at once. Be extra careful.
 
bartosimpsonio said:
Be careful about this price increase.

I've been reading about a scheme all day. Looks like some people pumped Bitcoin artificially and are now selling it all at once. Be extra careful.
Click to expand...
This may also be 90% true but it's probably going to rock to at least $50K in a few months before it gets dumped again.
 
Lychnobius said:
This may also be 90% true but it's probably going to rock to at least $50K in a few months before it gets dumped again.
Click to expand...

I wouldn't be so sure about that.

If US authorities crack down on what I've been reading about it might as well collapse to U$ 1000 or less.

I'm not giving advice or spreading FUD, just the reality here.
 
Speculations upon speculations. Its going up to 50k , its going down to $1 k. Truth is nobody knows with bitcoin. If you not good with gambling, stick to fiat currency.
 
bartosimpsonio said:
I wouldn't be so sure about that.

If US authorities crack down on what I've been reading about it might as well collapse to U$ 1000 or less.

I'm not giving advice or spreading FUD, just the reality here.
Click to expand...
Reality it is i completely agree with you, but why not try to take advantage of that as pump and dumps are easy to spot, plus to mention there are way better coins that may actually succeed, from my own personal opinion such as ETH. If the US authorities crack BTC down they will perform their own pump and dump on XRP (Ripple). Basically what i would try to risk and to do is take advantage of both and it's the same what Coinbase is doing, all the time big fishes have a back up, either from the mafia, from millionaires or governments themselves.
 
bartosimpsonio said:
I wouldn't be so sure about that.

If US authorities crack down on what I've been reading about it might as well collapse to U$ 1000 or less.

I'm not giving advice or spreading FUD, just the reality here.
Click to expand...

Tether? Since you've been reading about it, mind sharing your sources? They are being supressed on /r/Bitcoin
 
bartosimpsonio said:
I wouldn't be so sure about that.

If US authorities crack down on what I've been reading about it might as well collapse to U$ 1000 or less.

I'm not giving advice or spreading FUD, just the reality here.
Click to expand...

Maybe US authorities don't have the finantial muscle to face this.

Big businesses, like Facebook at start + Apple, Goggle, Amazon, Finantial brands, etc, adding funds into the bitcoin ecuation, will change, sooner or latter, the way we use money and the control we have over it.

I don't know much about it's history, but I can tell that is going to be hughe hype about it and betting about it will yield promising results.


.
 
Lychnobius said:
Reality it is i completely agree with you, but why not try to take advantage of that as pump and dumps are easy to spot, plus to mention there are way better coins that may actually succeed, from my own personal opinion such as ETH. If the US authorities crack BTC down they will perform their own pump and dump on XRP (Ripple). Basically what i would try to risk and to do is take advantage of both and it's the same what Coinbase is doing, all the time big fishes have a back up, either from the mafia, from millionaires or governments themselves.
Click to expand...

You could take advantage of this, but I like to make sure nobody's getting robbed before I enter a business.

If these suspicions are true, then lots of people are getting scammed.

GoGuerilla said:
Tether? Since you've been reading about it, mind sharing your sources? They are being supressed on /r/Bitcoin
Click to expand...

https://twitter.com/bitfinexed
https://twitter.com/CasPiancey
https://twitter.com/KyleSGibson
https://twitter.com/soleil_dusoir9
https://twitter.com/cryptowatcher86
https://twitter.com/whale_alert

Lilith55 said:
Maybe US authorities don't have the finantial muscle to face this.

Big businesses, like Facebook at start + Apple, Goggle, Amazon, Finantial brands, etc, adding funds into the bitcoin ecuation, will change, sooner or latter, the way we use money and the control we have over it.

I don't know much about it's history, but I can tell that is going to be hughe hype about it and betting about it will yield promising results.


.
Click to expand...

Sure those are possible prospects but right this minute it's not what's going on.
 
bartosimpsonio said:
You could take advantage of this, but I like to make sure nobody's getting robbed before I enter a business.

If these suspicions are true, then lots of people are getting scammed.
Click to expand...
So nice of you, they are probably true anyways, but the thing is, already a lot of people jumped in, so the pump will continue anyways and probably reach more people legit people to invest more than what was pumped, so it will continue to grow for a while.
At the end a lot of people will end up robbed, that's a fact.

I noticed your Occupation and Location info, would you mind sharing what happened with you?
 
Boosts said:
BTC has been up and down all day today, seemingly more than usual. I'm suspecting there could be a huge drop from massively rich dumpers or just everyone's deciding they need some money for the summer.

I'm affected as a seller by this as I accept BTC as payment, do any other like-minded sellers have ways of dealing with this? Do you withdraw more regularly or just see what happens? Let me know!
Click to expand...


What @Lychnobius said.

But you're not affected as a seller because you have options to auto-exchange every BTC you receive to USDT.
 
The extreme crypto chatter that’s come to life EVERYWHERE this last month is a story in itself.

Funny nobody talks about crypto at the bottom. Use this info wisely :-)
 
Lychnobius said:
Let me tell you why this huge drop happened, the Bull Run has already started and it's already happening. Millionaires are about to invest all of their money into Crypto now.
What they did is this was done somehow on purpose so that they can buy as much Crypto as they can these days, before everything is about to rocket on about at least 500% - this is just my own prediction and not an investment advice.

If you use Bitcoin as a seller, as i do, i would run a promotion and give people up to 80% OFF if they pay me in Crypto (at the moment), even though you get 20% only, this is about to grow way lot than what you would be getting in cash currently. The moment you start feeling happy about what you have gotten so far, just cash out everything and think of investing in something not as risky as this is, but basically, this is the long story short of what is now about to start happening.

Rich people will probably triple their money in just a few months, while the poor will still end up loosing way more than they can afford. True story.

EDIT:
Forgot to add that when you are a seller, it's high likely you will spend at least 75% of your revenue on stuff you love, leisure, etc. but if you get it in crypto, it's just a chance for a successful investment with money that you were about to spend like you would normally do.
Click to expand...
Thank you! How can you be sure it's going to rise? Giving 80% OFF is quite a risk?

bartosimpsonio said:
Be careful about this price increase.

I've been reading about a scheme all day. Looks like some people pumped Bitcoin artificially and are now selling it all at once. Be extra careful.
Click to expand...
That's what I was thinking!
Dsavvymarketer said:
Speculations upon speculations. Its going up to 50k , its going down to $1 k. Truth is nobody knows with bitcoin. If you not good with gambling, stick to fiat currency.
Click to expand...
Yep! I'm not one for gambling :)
 
Dsavvymarketer said:
Speculations upon speculations. Its going up to 50k , its going down to $1 k. Truth is nobody knows with bitcoin. If you not good with gambling, stick to fiat currency.
Click to expand...
what's a a fiat exchange?
 
I don't mess with BTC. I only deal with USD. The real money.
 
AngelSeo said:
And thats nonsense.

I deal with everything that can (legally and ethically according to my moral compass) bring bacon.
Click to expand...

Yes, but mining bitcoin is not easy, and don't know how to trade bitcoin for profit. It's too late to invest in bitcoin I think.
 
APlus said:
Yes, but mining bitcoin is not easy, and don't know how to trade bitcoin for profit. It's too late to invest in bitcoin I think.
Click to expand...
People sing "too late" song for good 5 years. :) Get some coins with some spare money that you can afford to lose, keep them 10 years as long term investment and thats it.
 
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